Ron: Guess who's still here? And he still owns Nextel stock.
Yep, you probably guessed right. Al G., not posting much, but still has plenty of Nextel, the only problem is, it is at 24.
The rule in my office, my trusted female assistant agrees, "when Nextel gets down to 23 range buy lots of it and cash in on a quick gain." Well, so much for that rule, guess we need some new rules. <VBG>
Nextel is like the Sun to a east coast person that moves west. I know, what the heck does that mean? Answer follows:
When a east coast person moves west, he or she finds staying at work is very difficult. Every time the sun comes out you want to take the day off. At first, it's very hard to get used to the fact that the sun is out every day. What does this have to do with Nextel? (other stocks too)
When you see Nextel dip to 23 buy it fast, get lots of it, cause it won't be there long enough for you to catch a breath. Just like the sun on the east coast.
Summary:
If you see something, even something unusual, for an extended period of time, it starts to look very normal. The sun is always out in California, no need to quickly take the day off. Nextel is at 19 and it is also starting to look very normal. Remember, Nextel is in Brazil, and guess what's starting to light up the negative news? Brazil problems. When is this going to end?
Al G., For only being in the market for a year, I sure paid my dues. |
